HomeMy WebLinkAboutCC Reso 2014-40 RESOLUTION NO. 2014-40
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CATHEDRAL CITY APPROVING AMENDMENT TO
MASTER PROPERTY TAX TRANSFER AGREEMENT
WHEREAS, the City of Cathedral City (the "City") and Riverside County (the
"County") previously entered into a Master Property Tax Transfer Agreement which
prescribed the amount of property tax revenue to be exchanged upon incorporation of
previously unincorporated territory into the City; and
WHEREAS, the City and the County have met and negotiated an exchange of
property tax revenue to become effective for tax purposes beginning, and continuing
until such time as the agreement is rescinded or superseded, and therefore wish to
amend the current agreement.
NOW THEREFORE, THE CITY COUNCIL HEREBY RESOLVES AS
FOLLOWS:
Section 1. RECITALS
That the foregoing recitals are true and correct and are incorporated herein by
this reference.
Section 2. FIRE SUPPRESSION SERVICE
That the City shall assume the service responsibility for the suppression and
prevention of structural fires in the area to be annexed, for which purpose it maintains a
fire department, and for such service assumption the City shall receive 100% of that
portion of the property tax revenue generated within the territory to be annexed that is
presently collected by the County as a structural fire protection tax.
Section 3. LIBRARY SERVICE
That the City shall not assume the service responsibility for the provision of
library services, and shall receive 0% of that portion of the property tax revenue
generated within the territory to be annexed that is presently collected by the County for
provision of library services.
Section 4. GENERAL MUNICIPAL SERVICES
That the City shall assume the responsibility for all other general municipal
services to the area to be annexed as are required by law or presently provided
throughout the City, and for such service assumption shall receive 25% of that portion of
the general property tax revenue generated within the territory to be annexed under the
ad valorem tax rate established by Article XIII A of the California Constitution, that
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represents the County's share of such tax revenue.
Section 5. MASTER PROPERTY TAX TRANSFER AGREEMENT
That this resolution and a resolution with substantively identical terms enacted by
the County Board of Supervisors shall constitute a master property tax transfer
agreement with respect to adjustments in the allocation of property taxes between the
City and the County as provided by Revenue and Taxation Code section 99(d).
Section 6. ALLOCATION BY COUNTY AUDITOR
That the County Auditor shall convert the above-established percentage figures
into actual dollar figures and thereafter allocate such property tax revenue in accord
with the provisions of Section 95 et. seq. of the Revenue and Taxation Code.
Section 7. APPROVAL
That the City Council of the City of Cathedral City hereby agrees to the above-
recited exchange of property tax revenue.
Section 8. EFFECTIVE DATE
This Resolution shall take effect upon its adoption.
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Section 9. CERTIFICATION
That the City Clerk shall certify as to the adoption of this Resolution and shall
cause the same to be processed in the manner required by law. Further, the City Clerk
shall transmit a certified copy of this resolution to each affected agency, to the
Executive Office of the Local Agency Formation Commission, and to the Auditor of the
County of Riverside pursuant to Section 99 of the Revenue and Taxation Code.
Passed and approved at a meeting of the City Council held on the 10th of
September, 2014, by the following vote:
Ayes: Hrirlir∎.I)P.+15 UG1cvica and DC OS
Noes: 0
Abstain: p
Absent: p
IP
at leen J. D '7•sa, Mayor
ATTEST r
y .
Pv Gary HoW_i 'City.Clerk •
APPROVED-AS TO FORM:
Charles R. Green, City Attorney
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